Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is a Veterans Affairs (VA) foreclosure property?

April 26, 2017affairs foreclosure Property VA veterans

0

Posted

What is a Veterans Affairs (VA) foreclosure property?

1 Answer

0

Posted

The Department of Veterans Affairs is a Federal Agency that guarantees mortgages to homeowners that have served in the Military. When a property owner defaults on a loan, the VA buys the property from the lender and offers them for sale to the public through local real estate agents.